Groww Vs Marwadi Shares
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Marwadi Shares - Broker Details
| Groww | Marwadi Shares | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1992 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 117+ |
| Brokerage | ₹20/ Order | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Marwadi Shares - Account Opening & AMC Charges
| Groww | Marwadi Shares | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹450/ Year one-time payment of ₹2500 |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Marwadi Shares - Brokerage charges & Plans
| Groww | Marwadi Shares | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
Groww Vs Marwadi Shares - Other Charges
| Groww | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Marwadi Shares - Transaction Charges
| Groww | Marwadi Shares | |
|---|---|---|
| Currency Options | N/A | ₹4000/ Cr |
| Equity Futures | NSE:- 0.002% | ₹190/ Cr |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | ₹325/ Cr |
| Equity Options | NSE:- 0.053% on premium | ₹5000/Cr |
| Commodity | N/A | Non-Agri: ₹260/Cr | Agri: ₹175/ Cr |
| Currency Futures | N/A | ₹110/Cr |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | ₹325/ Cr |
Groww Vs Marwadi Shares - Margin (Exposure)
| Groww | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
Groww Vs Marwadi Shares - Features
| Groww | Marwadi Shares | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Marwadi Shares - Review & Rating
| Groww | Marwadi Shares | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Marwadi Shares - Request a call back from Broker
| Groww | Marwadi Shares | |
|---|---|---|
Groww Vs Marwadi Shares - Investment Options
| Groww | Marwadi Shares | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Groww Vs Marwadi Shares - Order Type
| Groww | Marwadi Shares | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Groww Vs Marwadi Shares - Research & Report
| Groww | Marwadi Shares | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Groww Vs Marwadi Shares - Daily Market Report
| Groww | Marwadi Shares | |
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| Daily Market Reports & News |
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Groww Vs Marwadi Shares - Suitable For Investor
| Groww | Marwadi Shares | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Marwadi Shares - Pros & Cons
| Groww | Marwadi Shares | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 1. It provides a wide range of trading products. 2. It has a decent number of offline branches and offices across India. 3. It has some reasonable brokerage charges. |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 1. It provides various low-quality research. 2. It provides various customer service by considering it with the broker. 3. It provides no in-house technology and trading platforms. 4. The margin provided to the customer is very minimum. |
Groww Vs Marwadi Shares - Background
| Groww | Marwadi Shares | |
|---|---|---|
Groww Vs Marwadi Shares - Compare All Brokers
| Groww | Marwadi Shares | |
|---|---|---|
Groww Vs Marwadi Shares - STT/CTT
| Groww | Marwadi Shares | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Marwadi Shares - Demat transaction charges
| Groww | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹25 + GST per scrip only on sell |
Groww Vs Marwadi Shares - GST
| Groww | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Marwadi Shares - SEBI Charges
| Groww | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Marwadi Shares - Account Opening & AMC Charges
Groww
Marwadi Shares
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹450/ Year one-time payment of ₹2500
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Marwadi Shares
| Groww | Marwadi Shares | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ Marwadi Shares |
Marwadi Shares Review | Brokerage Charges, Account OpeningMarwadi shares finance ltd is a full-service broker which was incorporated in the year 1992. Marwadi shares & finance limited is a financial service firm that avails its broking services in Marwadi share market segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX via Marwadi shares client login. From the experien .. |
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Marwadi Shares
Marwadi Shares is a full service Broker. Marwadi Shares Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Marwadi Shares - Brokerage charges & Plans
| Groww | Marwadi Shares | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account |
Groww Vs Marwadi Shares - Margin (Exposure)
| Groww | Marwadi Shares | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Marwadi Shares - Other Charges
| Groww | Marwadi Shares | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Marwadi Shares - STT/CTT
| Groww | Marwadi Shares | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Marwadi Shares - Demat transaction charges
| Groww | Marwadi Shares | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹25 + GST per scrip only on sell |
Groww Vs Marwadi Shares - GST
| Groww | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Marwadi Shares - SEBI Charges
| Groww | Marwadi Shares | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Marwadi Shares - Features
| Groww | Marwadi Shares | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:35 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. MSFL Connect 2. Marwadi Connect Web 3.Marwadi Trade Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |